D.R. Horton (NYSE: DHI) SVP exercises 887 RSUs, 350 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
D.R. Horton executive Aron M. Odom, SVP, Controller and PAO, exercised restricted stock units that settled into 887 shares of common stock. These RSUs were part of a grant awarded on March 30, 2022, which vests in five annual installments.
To cover tax obligations arising from this vesting, 350 shares of common stock were surrendered back to the company at a price of $132.53 per share. After these routine compensation-related transactions, Odom directly holds 8,046 shares of D.R. Horton common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
887 shares exercised/converted
Mixed
3 txns
Insider
Odom Aron M.
Role
SVP, Controller and PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 887 | $0.00 | -- |
| Exercise | Common Stock | 887 | $0.00 | -- |
| Tax Withholding | Common Stock | 350 | $132.53 | $46K |
Holdings After Transaction:
Restricted Stock Unit — 887 shares (Direct);
Common Stock — 8,396 shares (Direct)
Footnotes (1)
- Each restricted stock unit converts into one share of DHI common stock. These shares were surrendered to issuer to cover tax obligations of the 887 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 30, 2022. On March 30, 2022, the reporting person was granted 4,435 restricted stock units, vesting in five annual installments beginning March 30, 2023.
Key Figures
RSUs exercised: 887 shares
Shares surrendered for taxes: 350 shares
Tax withholding price: $132.53 per share
+2 more
5 metrics
RSUs exercised
887 shares
Restricted stock units converting into common stock on March 30, 2026
Shares surrendered for taxes
350 shares
Surrendered to issuer to cover tax obligations at $132.53 per share
Tax withholding price
$132.53 per share
Value used for 350-share tax-withholding disposition
Shares held after transaction
8,046 shares
Direct ownership of D.R. Horton common stock following Form 4 transactions
Original RSU grant
4,435 units
RSUs granted March 30, 2022, vesting in five annual installments
Key Terms
Restricted Stock Unit, tax-withholding disposition, vesting, annual installments
4 terms
Restricted Stock Unit financial
"Each restricted stock unit converts into one share of DHI common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting financial
"issued upon the vesting of the restricted stock units awarded March 30, 2022"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual installments financial
"granted 4,435 restricted stock units, vesting in five annual installments"
FAQ
What insider transaction did D.R. Horton (DHI) report for Aron M. Odom?
D.R. Horton reported that Aron M. Odom exercised 887 restricted stock units into common shares. As part of this vesting event, some shares were then surrendered to the company to satisfy related tax obligations, a common feature of equity-based executive compensation.
What are the details of Aron M. Odom’s restricted stock unit grant at D.R. Horton (DHI)?
On March 30, 2022, Aron M. Odom was granted 4,435 restricted stock units in D.R. Horton. According to the disclosure, these RSUs vest in five equal annual installments beginning March 30, 2023, leading to periodic share deliveries over the vesting schedule.